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Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by … inflows of foreign direct investment (FDI). Increasing productivity growth in the service sector, which accounts for 67% of … boost productivity in service industries with high growth potential, such as telecommunications and financial and business. …
Persistent link: https://www.econbiz.de/10012444312
entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. The main findings of this study … existing studies on other countries, plant turnover reflects underlying productivity differentials in Korean manufacturing … account for as much as 45 and 65 per cent in manufacturing productivity growth during cyclical upturn and downturn …
Persistent link: https://www.econbiz.de/10012445716
industries over the 1970-1992 period. The paper extends the analysis used in previous studies based on nominal productivity …
Persistent link: https://www.econbiz.de/10012444240
Korea’s low youth employment rate has negative consequences for the young people concerned and the economy as a whole. Raising youth employment is a priority, particularly as Korea faces the most rapid population ageing among OECD countries. Low youth employment is due to a mismatch between...
Persistent link: https://www.econbiz.de/10013523695
education, objective measures of skills, which are highly correlated with employment and productivity in most OECD countries, do … productivity. …
Persistent link: https://www.econbiz.de/10013523720
Social protection in Korea is designed around traditional forms of employment and excludes a substantial share of workers in non-standard employment. The resulting social protection gaps compound income inequality and undermine financial sustainability as uninsured persons rely on tax-financed...
Persistent link: https://www.econbiz.de/10013523849
Korea’s greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a “business as usual” baseline, implying a 4% cut from the 2005 level. Achieving this objective in a...
Persistent link: https://www.econbiz.de/10012444179
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector …
Persistent link: https://www.econbiz.de/10012444204
employees to stay at firms beyond the age of 50. Making the wage system more dependent on productivity and less on seniority and …
Persistent link: https://www.econbiz.de/10012444258
factor productivity gains, which are in turn driven to a large extent by innovation. While a number of Korean firms are at …
Persistent link: https://www.econbiz.de/10012444330